Looking at the BTC four-hour chart right now, the Bollinger Bands are gradually extending downward, and although the candlesticks are in a consolidation phase, the resistance is clearly there, making the overall downward trend difficult to change.



From a price perspective, the 88200-88700 range is a recent key resistance zone. If it cannot break through, the probability of a pullback is quite high. The support level below is around 86500-86000. If this level cannot hold, there may be a deeper correction ahead.
BTC-0.72%
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OvertimeSquidvip
· 17h ago
The Bollinger Bands are gradually pushing down like this, and it feels like the 88,700 level just can't be broken. Staying up late to watch the market is really exhausting.
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GasFeePhobiavip
· 17h ago
Bollinger Bands are contracting, and this rhythm feels a bit off, it seems like a drop is coming. Why can't we break through the 88200 barrier? Is it that there's no selling pressure or that no one is buying?
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NFTArtisanHQvip
· 17h ago
ngl the bollinger bands compression here feels like watching a benjamin's "work of art in the age of mechanical reproduction" but make it price action... the aesthetic tension between resistance and support is lowkey fascinating from a tokenomics perspective
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UnluckyMinervip
· 17h ago
If we can't break through this barrier at 88,200, we have to smash through it. I bet on 5 mooncakes.
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MevTearsvip
· 17h ago
Oh no, it's dropping again. If we can't hold 86,000, we're done.
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